Private Charging Stations by Adani Group to Boost PMPML’s Revenue in Pune and Pimpri Chinchwad
Pune, 8th January 2024: In a strategic move to increase revenue and promote sustainable practices, Pune Mahanagar Parivahan Mahamandal Limited (PMPML) has partnered with the Adani Group to establish private vehicle charging stations at seven key locations in Pune and Pimpri Chinchwad. The initiative aims to provide convenient charging facilities for electric two-wheelers, four-wheelers, and three-wheelers while contributing to PMPML’s income.
The selected locations for the charging stations include Hinjawadi Phase Two, Bhakti-Shakti (Nigdi), Bhosari, Katraj, Baner-Sus Road, Pulgate, and Deccan Gymkhana. An agreement has been formalized with the Adani Group, which will be responsible for setting up these charging stations. In the initial phase, construction has commenced at Hinjawadi Phase Two.
Under the agreement, PMPML will receive 32.5 per cent of the income generated from these charging stations. This innovative approach is part of PMPML’s broader strategy to diversify its income sources beyond traditional ticket sales, as the organization faces an operating deficit due to increased expenditure.
The charging stations will offer round-the-clock services for electric vehicles, catering to the growing demand for sustainable transportation solutions. PMPML and Adani Group will provide a dedicated mobile app, facilitating seamless access and payment for charging services. This initiative aligns with the ongoing efforts to encourage the adoption of electric vehicles and reduce the carbon footprint in the region.
PMPML, which operates public bus services in Pune and Pimpri Chinchwad through a fleet of 1750 buses, serves approximately 11 to 12 lakh passengers daily, generating an average daily income of close to Rs 1.6 crore. However, with rising operational costs, the organization is addressing its operating deficit by exploring innovative revenue streams, such as these charging stations.
